Applied Compute raises $350M in funding, led by Elad Gil, at a $3.25 billion valuation. The company plans to use the funds for expansion and accelerating deployment in the enterprise.
Amount Raised
$350 Million
Round Type
Venture
San FranciscoArtificial IntelligenceCyber SecurityMachine LearningInvestors
Description
Applied Compute, based in San Francisco, CA, has raised $350 million in funding at a valuation of $3.25 billion. The round was led by Elad Gil, with contributions from various prominent firms. The fresh capital will be used to expand compute capacity, grow their team, and accelerate enterprise deployment. The company focuses on providing custom open-source AI models for enterprises.
Quick answer
Applied Compute raised $350 Million in a funding round, dated November 4, 2026. Investors: Kleiner Perkins, Lux Capital, Elad Gil, Layer Global, Timeless, Definition, Diffusion and HubSpot Ventures. Applied Compute is based in San Francisco, California, United States.
- How much did Applied Compute raise?
- Applied Compute raised $350 Million in a funding round on November 4, 2026.
- Who invested in Applied Compute?
- Kleiner Perkins, Lux Capital, Elad Gil, Layer Global, Timeless, Definition, Diffusion and HubSpot Ventures are named as investors in this round.
- What does Applied Compute do?
- Applied Compute is a San Francisco-based developer of custom open-source AI models for enterprises.
- Where is Applied Compute based and how big is it?
- Applied Compute is based in San Francisco, California, United States. Fundz records about 46 employees.
- Who are the decision-makers at Applied Compute?
- Fundz holds 2 contacts at Applied Compute, including the Co-Founder and CTO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Cyber Security and Artificial Intelligence around the same time
Companies in the same sectors as Applied Compute that raised within 45 days of this round, from Fundz verified event records.
- Upwind Security raised $400M (Series C) on October 28, 2026.
- Mave raised $34M on October 22, 2026.
- Jinghua Privacy Computing raised $15M (Pre-Series A) on October 13, 2026.
- Fleuret AI raised $4.5M (Pre-Seed) on October 5, 2026.
- Armadin raised $256M (Series B) on October 1, 2026.
- IPercept raised $17M (Series A) on September 29, 2026.
Who to call at Applied Compute, and when
A new round usually means Applied Compute is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Applied Compute raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Applied Compute, from your own LinkedIn network
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Related People
Applied Compute raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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